FHA

The FHA loan is backed by the federal government, allowing you to acquire a loan to purchase home with a smaller down payment and an imperfect credit score.

Minimum Down Payment

3.5%

Minimum Credit Score

620

Key Advantages

low down payment

borrow more money

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When it comes to getting a mortgage for your home, you have a number of options available to you. If you don’t have the money available for a 20% down payment or your credit score isn’t as strong as you’d like it to be, the why not consider applying for an FHA mortgage?

The FHA mortgage is backed by the federal government, allowing you to acquire a loan to purchase home with a smaller down payment and an imperfect credit score. Neighborhood Loans is happy to help you with all of your FHA mortgage needs.